DAR ES SALAAM, Aug. 6 -- THE government has collected over 1.5bn/- in insurance fees through COMESA Yellow Card during the final quarter of the 2024/2025 financial year.
The revenue comes from the mandatory motor insurance known as the COMESA Yellow Card, required for foreign vehicles entering the country to transport cargo.
This measure aims to reduce road accidents caused by these vehicles, which often lead to damage to people and property.
National Insurance Corporation (NIC) Managing Director Kaimu Abdi Mkeyenge made the remarks during the launch of a new verification system that lets road users check the validity of COMESA Yellow Card insurance via mobile phones, including feature phones, without internet access.
“This inno...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.